3D Mapping and 3D Modeling Market worth 16.99 Billion USD by 2020

The market research report on“3D Mapping
and 3D Modeling Marketby
Application in 3D Mapping (3D Projection Mapping, Mapping and Navigation, and
Others), by Vertical (Healthcare, Building and Construction, and Others), and
by Geography - Forecast to 2020",
provides an in-depth analysis of the various industry verticals in the 3D
mapping and 3D modeling ecosystem such as healthcare, Automotive, Transport,
and Logistics (ATL), aviation and space, building and construction, defense and
public safety, retail, media and entertainment, and others. It also analyzes
the emerging trends in the 3D mapping and 3D modeling market across geographies.

3D mapping technology is one of the fastest ways to
build 3D environments in the market nowadays. 3D mapping solution swiftly
builds 3D maps of the surroundings with utmost accuracy and clarity, ready to
plug into professional visualization systems. 3D modeling is the process of
developing a 3D surface of an object via specialized software which can be can
be displayed through computer simulation. 3D model created from the 3D objects
are a collection of data points. This can be collected via 3D scanners with
intelligent data models and tools for integrating data which is used for
modeling smart cities and legacy cities, terrain modelling, 3D site design, and
a model-based infrastructure planning and management.

With investments towering up for 3D maps applications
to be integrated with smartphones, market players such as Nokia, Samsung, and
other smartphone companies are entering into this market. The online web
services players such as Amazon and Microsoft have also started offering 3D
maps on their platforms. The 3D-enabling devices such as sensors, cameras,
scanners, Global Position System (GPS) satellite components, and other 3D
content acquisition devices create huge potential in this market. The improved
3D experience on smartphones, tablets, notebooks, PCs, cars, and many more is
set to revolutionize the mobile device market and other GPS-enabled device
market by broadening the horizons for the users to locate things easily using
any device.

The 3D mapping and 3D modeling market is expected to
grow from USD 1.90 billion in 2015 to USD 16.99 Billion by 2020, at an
estimated CAGR of 55.0% from 2015 to 2020. Companies such as Google (U.S.),
Apple (U.S.), SAAB (Sweden), and Autodesk are the key market players.

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